Ateno!

Somente responda as questes do idioma INGLS se este tiver sido sua opo, quando de sua inscrio.
INGLS Read the text below entitled The long climb so as to answer questions 21 to 23: The long climb
Source: www.economist.com st Oct, 2009 (Adapted)

The world economy is fitfully getting back to normal, but it will be a new normal. This phrase has caught on, even if people disagree about what it means. In the new normal, as defined by Pimcos CEO, Mohamed El-Erian, growth will be subdued and unemployment will remain high. The banking system will be a shadow of its former self, and the securitization markets, which buy and sell marketable bundles of debt, will presumably be a shadow of a shadow. Finance will be costlier and investment weak, so the stock of physical capital, on which prosperity depends, will erode. The crisis invited a forceful government entry into several of capitalisms inner sanctums, such as banking, American carmaking and the commercial-paper market. Mr El-Erian worries that the state may overstay its welcome. In addition, national exchequers may start to feel some measure of the fi scal strain now hobbling California. Americas Treasury, in particular, must demonstrate that it is still a responsible shepherd of other countries savings. 21- In paragraph 1, growth in the new order is defi ned as a) both real and active. b) absolutely extraordinary. c) not very active or busy. d) sustainable and rapid. e) unpredictable. 22- In paragraph 1, fi nance is referred to as a) remaining low throughout the crisis. b) having been affected by the crisis. c) having eroded throughout the process. d) likely to be considered in a future analysis. e) likely not to be hit by this scenario. 23- In paragraph 2, the author mentions the fi scal strain now hobbling California. In other words, the fi scal a) policies which have been favouring Californias growth. b) pressure currently preventing Californias development. c) programmes successfully spoused by California. d) measures which have steadily gained acceptance. e) incentives recently promoted by the Californian government. Read the text below entitled Taxation Trends in the European Union so as to answer questions 24 to 26: Taxation Trends in the European Union
Source: www.ec.europa.eu 2009 Edition (Adapted)

This years edition of the Taxation Trends in the European Union appears at a time of upheaval. The effects of the global economic and fi nancial crisis have hit the European Union (EU) with increasing force from the second half of 2008. Given that the last year for which detailed data are available is 2007, this years report cannot yet analyze the consequences of the recession on tax revenues. Nevertheless, the report takes stock of the tax policy measures taken by EU governments in response to the crisis up to spring 2009. The European Union is, taken as a whole, a high tax area. In 2007, the overall tax ratio, i.e. the sum of taxes and social security contributions in the 27 Member States amounted to 39.8% of GDP. This value is about 12 percentage points above those recorded in the United States and Japan. The high EU overall tax ratio is not new, dating back essentially to the last third of the 20th century. In those years, the role of the public sector became more extensive, leading to a strong upward trend in the tax ratio in the 1970s, and to a lesser extent also in the 1980s and early 1990s. 24- According to paragraph 1, the global economic and financial crisis a) has impacted on the EU. b) may still hit the European Union. c) has caused tax reductions in the EU. d) could have affected the EU. e) might bring about growth in the EU. 25- In relation to the EUs overall tax ratio, it a) must hit 39.8% of GDP. b) is likely to reach 39.8% of GDP.

c) is soon to be defined. d) exceeds half the GDP. e) equals to 39.8% of GDP. 26- According to paragraph 3, the role played by the public sector a) widened. b) lessened. c) diminished. d) faded. e) decreased. Read the interview below entitled Reason with him so as to answer questions 27 to 30: Reason with him
Source: www.newsweek.com 22nd Sep, 2009 (Adapted)

Question (Q) 1: Margolis: When you took office, Brazil was regarded as an underachiever, and the last among the BRIC nations. Now Brazil is considered a star among emerging countries. Whats happened? Lula: No one respects anyone who doesnt respect themselves. And Brazil always behaved like a second-class country. We always told ourselves we were the country of the future. But we never transformed these qualities into anything concrete. In a globalized world you cannot sit still. You have to hit the road and sell your country. So we decided to make strengthening Mercosul (the South American trading bloc) a priority, and deepened our relations with Latin America in general. We prioritized trade with Africa and went into the Middle East aggressively. Our trade balance today is diversifi ed. This helped us cushion the blow of the economic crisis. Q2: Margolis: Has Brazils success in navigating the economic crisis changed investorsviews? Lula: There was no miracle. We had a strong domestic market. We had consumers who wanted to buy cars. We reduced part of the sales tax and asked the companies to offer consumers credit on affordable items. Its the same case with refrigerators, stoves, washing machines, and with computers and the housing construction. Q3: Margolis: What are the lessons for other countries? Lula: The great lesson is that the state has an important role to play, and has great responsibility. We dont want the state to manage business. But it can be an inducer of growth and can work in harmony with society. 27- In his answer to question 1, Brazils president refers to strengthening Mercosul as a priority. In other words, a measure he considered a) risky. b) unattainable. c) pivotal. d) unnecessary. e) advisable. 28- In his answer to question 2, Luiz Incio Lula da Silva says that a) the Brazilian domestic market was frail. b) a miracle did come about in Brazil. c) credit on affordable items was halved. d) part of the sales tax was lowered. e) consumers were not willing to spend. 29- Brazils president refers to the countrys diversified trade balance as having a) contributed to worsen the global economic crisis. b) resulted from trade with one sole strategic partner. c) been prevented by internal regulations. d) been considered as an unattainable goal. e) minimized the adverse effects of the world crisis. 30- In his answer to question 3, Brazils president a) emphasizes the role played by the private sector. b) criticizes initiatives derived from private ownership. c) sees the private sector as an inducer of growth. d) affirms the significance of the state. e) disregards duties attributed to the state.